Utz Brands
72 hedge funds and large institutions have $449M invested in Utz Brands in 2020 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 24 closing their positions.
92% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 24
44% more funds holding
Funds holding: 50 → 72 (+22)
42% more capital invested
Capital invested by funds: $316M → $449M (+$133M)
4.13% more ownership
Funds ownership: 70.31% → 74.44% (+4.1%)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
+$49.8M |
| 2 |
Morgan Stanley
New York
|
+$40.3M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
+$31.9M |
| 4 |
Neuberger Berman Group
New York
|
+$22.7M |
| 5 |
Goldman Sachs
New York
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$36.2M |
| 2 |
GCL
Glazer Capital LLC
New York
|
-$18M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$17M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$15.4M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$14.1M |
UTZ Hedge Fund Activity: Q2 2020 in Review
72 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Utz Brands (UTZ) for Q2 2020, worth a combined $449M — up 42% from $316M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new UTZ positions and 24 closed out — a net gain of 22 holders — while 6 added to existing stakes and 16 trimmed.
The largest buyer was BAMCO Inc, opening a new position worth an estimated $49.8M. The largest seller was HGC Investment Management, cutting an estimated $36.2M.
- 72 institutional investors held Utz Brands (UTZ) as of Q2 2020, up from 50 in Q1 2020.
- Funds reported $449M of Utz Brands stock for Q2 2020, up 42% quarter-over-quarter.
- 46 funds opened new Utz Brands positions in Q2 2020 and 24 closed out, a net change of +22 holders.
- The largest Utz Brands buyer in Q2 2020 was BAMCO Inc, an estimated $49.8M added.
- The largest Utz Brands seller in Q2 2020 was HGC Investment Management, an estimated $36.2M sold.
Based on aggregated 13F filings for Q2 2020.